Citi's Towering Ambitions

Updated Aug. 28, 2012 6:49 p.m. ET

Citigroup Inc. may be scouting for a new skyscraper.

No, the big bank isn't expected to leave its current headquarters at 399 Park Ave. in Midtown Manhattan. But the company is said to be scouting for a new location to replace 2.6 million square feet of space it currently rents at 388-390 Greenwich St. in the trendy Tribeca neighborhood. The space is the onetime headquarters of Travelers Group and is owned by SL Green Realty Corp....